The Criminal Investigation Department (CID) has filed a money laundering case against Mohammad Noor Ali, chairman of Unique Group, and his construction company Borak Real Estate Private Limited. The case, lodged at Banani Police Station under the Money Laundering Prevention Act 2012, concerns alleged irregularities, fraud, and illegal fund transfers linked to the 'Banani Super Market cum Housing' project built on government land controlled by Dhaka North City Corporation (DNCC).

CID’s preliminary investigation found that Borak Real Estate violated its contract by constructing a 28-storey building instead of the approved 14-storey structure, later housing a five-star hotel named Sheraton. The company allegedly failed to hand over DNCC’s due share and repeatedly influenced contract revisions. Investigators also discovered that necessary clearances from RAJUK and the Civil Aviation Authority were not obtained, creating flight safety risks due to excessive building height.

According to the case, the accused earned Tk 115.58 crore illegally through hotel operations in the unapproved building and laundered the funds through transfer and conversion. CID’s Financial Crime Division continues to investigate and pursue the suspects.